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Whales are becoming more active as the crypto market grows excited about the DTX Exchange (DTX) L1 blockchain, which will launch soon. Major whales from other crypto coins like Tron (TRX) and Solana (SOL) are now rushing to this project’s presale. DTX’s presale has reached Stage 3 ahead of schedule, giving early buyers 200% returns so far.
Some analysts think this rookie could be the next 90x crypto in 2024. Keep reading to find out why.
DTX Exchange (DTX): Exciting Launch Incoming
DTX Exchange (DTX) is making headlines in the crypto space as it prepares to launch its L1 blockchains. This project is set to become the first hybrid trading platform that can process up to 10,000 transactions per second. Even major influencers like YouTuber Crypto League see DTX Exchange as the future of online trading.
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Essentially, DTX Exchange combines the best features of CEX and DEX into one. Therefore, people can buy over 120,000 asset classes, such as FX, cryptos, and bonds, at leverage of 1000x. What really makes it a fan-favorite is its no-sign-up KYC check policy. With this feature, everyone who trades will remain anonymous.
The DTX utility token will fuel this platform. Holding it also brings perks like smaller trading fees and governance voting rights. It is now in Stage 3 of its presale with a price of $0.06 – a 200% jump from its start. But, this price will not remain long as Stage 4 brings a surge to $0.08. Experts predict another 90x jump after DTX gets listed on a Tier-1 CEX in Q3 of 2024.
Tron (TRX): Analysts Remain Confident
Meanwhile, Tron (TRX) has been showing some volatility recently. CoinMarketCap shows that the price of Tron fell nearly 5% in the past week alone but jumped over 15% on the 1-month chart. Nevertheless, market analyst Crypto Rover made a bullish statement. According to his X post, TRX is about to hit a new all-time high.
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Another analyst, Dom’s Crypto, backs this statement. He says that while everyone is focusing on the TRON meme coins, the Tron crypto has the potential to reach new peaks, which will bring in more liquidity.
As a result, market analysts, in their Tron price prediction, foresee this coin trading at $0.20 before September 2024 ends.
Solana (SOL): Sees a Drop
Solana (SOL) is another coin experiencing turbulence. According to CoinMarketCap, the Solana price dropped over 20% over the past 30 days. However, crypto analyst DustyBC remains bullish. In his X post, he says SOL sees one last flush before a potential pump and predicts a surge to $180 for this coin soon.
The technicals of the Solana crypto support this statement. Currently, SOL has an RSI of 80 while its MACD level sits at -0.71 or in the buy zone. This shows that Solana is under bull control.
Because of these factors, experts have made a conservative Solana price prediction – reaching $158 once October starts.
Why Are Tron and Solana Whales Noticing DTX Exchange?
Tron and Solana whales are rushing to DTX Exchange because of its growth potential. This potential is amazing since DTX has a smaller market cap than other crypto coins and boasts ties to the $17T gold market. DTX needs less new money for its price to skyrocket, and the upcoming L1 blockchain launch could trigger demand for it to rise.
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